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Loretto, PA Real Estate


According to census data in the year 2000 there were 148 housing units in Loretto. This represents a 11.9% decline from 168 in 1990.

Of those housing units, 111 were located in either urbanized areas or urban clusters, and 37 were located in what is classified as a rural area.

Homeownership rate in Loretto is about 67.7%. Loretto's vacancy rate, including seasonal lodging, is about 14.2%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Loretto were built after 1948.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom12.20%
Two Bedrooms24.30%
Three Bedrooms32.40%
Four Bedrooms20.90%
Five Bedrooms or more10.10%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1948
Median Value of occupied units$66,500
Median Price asked for vacant units$32,500

Rented Homes, Apartments and Condos

Average Household Size1.56
Median year structure was built1948
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.60%
Second Mortgage2.60%
Home Equity Loan0%
Simple Mortgage17.10%
Debt Free77.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs12.6%